128, DERWENT ROAD, HIGHWOODS, COLCHESTER, CO4 9RU - £262,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

128 DERWENT ROAD is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £262,500 in March 2016, which was around 30% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

128 DERWENT ROAD Sold Prices

Land registry data shows two sales for 128 DERWENT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 128 DERWENT ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 16 MAR	£262,500	£373,797	30% below HPI
1995 30 JUN	£74,750	£89,745	17% below HPI

128 DERWENT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 128 DERWENT ROAD sales from June 1995 and March 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 128 DERWENT ROAD?

128 DERWENT ROAD is 83m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 128 DERWENT ROAD lies on this distribution: 17% of detached houses are smaller than 128 DERWENT ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

128 DERWENT ROAD: Plot and Title Map

128 DERWENT ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 128 DERWENT ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 128 DERWENT ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 128 DERWENT ROAD?

128 DERWENT ROAD is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 128 on DERWENT ROAD.